WB team visits site for business development park

This initiative is set to pave the way for small businesses to scale up

The World Bank will also provide financial support to floods and rains affected farmers of Pakistan by providing them subsidised urea. PHOTO: FILE

PESHAWAR:

A team of the Khyber Pakhtunkhwa Economic Zones Development and Management Company (KP-EZDMC) comprising chief commercial officer, chief zones management, HoD executive office and manager Peshawar EZ along with officials of World Bank and Khyber Pass Economic Corridor (KPEC) visited the proposed site for Inclusive Business Development Park in Peshawar EZ.

According to a spokesman of the company, the World Bank and KPEC have teamed up with the provincial government to fund the development of an Inclusive Business Development Park. The establishment of the park is aimed at facilitating small business growth and entry into the mainstream market. The KP-EZDMC will run the project within the Peshawar Economic Zone, which was recently selected as the site for the project. This initiative is set to pave the way for small businesses to scale up.

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